Keep it well maintained

1 CONDUCTING A PROPERTY INVESTMENT PERFORMANCE REVIEW 3 HOW A HIGH PERFORMING PROPERTY MANAGER CAN ADD VALUE They also have strong rental arrears procedures that they are skilled at implementing should a tenant fall behind. Having an independent Property Manager look after this can help save landlords a lot of stress and a lot of time.

KNOWING SPECIFIC LOCAL LANDLORD-TENANT LAWS Landlords have a legal obligation to comply with the regulations set out in their relevant Landlord-Tenant Law. This documents interactions, rights and obligations of both landlords and tenants. In addition, landlords are obliged to comply with local state and regional legislations and not doing so can have serious implications for the property owner. Property Managers stay up to date with the changes and can help keep their landlords informed. HELPING YOU UNDERSTAND WHAT IS NORMALLY TAX DEDUCTIBLE In most cases property management fees are tax deductible. So, in reality landlords are able to access all of the benefits offered by Property Managers and then offset their costs against their tax. Of course, talk to your accountant about your property and specific tax situation.

To find your local McGrath Property Manager1 and understand how they can help you add value to your investment and keep you on track to achieve your investment goals.

1 www.mcgrath.com.au/find/a-propertymanager